Gifts of Life Insurance: A legacy you can Afford

GIFTS OF LIFE INSURANCE: A LEGACY YOU CAN AFFORD

Prepared with files from Colleen Lawrie, CPA, Wilkinson & Company LLP, a UHKF Board Member.

For more information on planned giving with UHKF, contact Saskia Ages, Associate Director of Planned Giving at 613-544-4900 extension 51110 or Saskia.Ages@

Legacy gifts were once considered the domain of the wealthy. But today gifts of life insurance are quickly becoming a flexible and affordable way for donors of moderate means to leave an impact.

To illustrate: A young couple in their 40s dreamed of establishing a named fund in honour of their children who received life-saving care at a Kingston hospital. With a local financial advisor, UHKF showed them how $75 per month, spread out over a defined number of years, could leverage $5,400 of monthly installments into a $50,000 gift.

Working with a professional . team to structure a policy that matched their budget, these proud parents were thrilled to realize that their dream of making a significant gift was achievable and affordable.

Don’t forget: gifts of life insurance are not just for the wealthy. This is an accessible financial tool designed to meet you wherever you find yourself on the wealth spectrum.